Case Study: Nordea Bank achieves GDPR compliance and faster regulatory reporting with Waterline Data

Waterline Data helps financial services group affordably appease regulators faster

Nordea Bank, part of Nordea Group and one of Europe’s largest financial services groups, needed a better way to manage compliance across petabytes of distributed data in 16 countries. Facing regulations such as GDPR, Basel II, and Basel III, the bank struggled with data silos, manual processes, and the time-consuming task of finding and documenting where data lived. Waterline Data provided its Smart Data Catalog to help address these challenges.

Using Waterline Data’s Smart Data Catalog on Hadoop, Nordea automated data discovery, tagging, lineage tracking, and integration with access control and BI tools. The solution helped Nordea achieve GDPR compliance, cut regulatory reporting turnaround from months to days, and deliver up to 10x cost savings per terabyte, while reducing report preparation time from weeks or months to just a day or two.

Nordea Bank

Alasdair Anderson

Executive Vice President